by Touch Stone Publishers | May 20, 2026
The Signal The FDA approved Baxfendy (baxdrostat) on May 18, 2026, clearing AstraZeneca’s aldosterone synthase inhibitor for adults with uncontrolled hypertension despite existing antihypertensive regimens. This is the first approved drug of its class: it blocks...
by Touch Stone Publishers | May 19, 2026
The Signal Nvidia’s Q1 FY27 earnings print, due after the close on Wednesday May 20, is the single largest AI infrastructure data point this cycle. Street consensus sits at $78 billion in revenue and $1.77 non-GAAP EPS, implying 77 to 78 percent year-on-year...
by Touch Stone Publishers | May 18, 2026
The Signal The Basel III Endgame comment window closes in 31 days, and the outcome will determine whether JPMorgan and Morgan Stanley carry an asymmetric CET1 burden into 2027 or join peers in releasing tens of billions in stranded capital to shareholders. The Federal...
by Touch Stone Publishers | May 17, 2026
SECTOR INTELLIGENCE | AI-FIRST CULTURE Bank Supervision Just Moved Model Risk. AI Agents Moved The Boundary. SR 26-2 modernizes model risk guidance. If you cannot inventory where AI shapes decisions, you cannot manage the risk the guidance is talking about. Treat...
by Touch Stone Publishers | May 15, 2026
Gas at $4.53 per gallon is not a headwind for consumer discretionary. It is a structural wallet-share transfer, now confirmed by primary government data. The Signal The Census Bureau’s April 2026 Advance Retail Sales report, released May 14, shows headline...
by Touch Stone Publishers | May 14, 2026
Plains All American Pipeline (PAA) completed the sale of Plains Midstream Canada ULC to Keyera Corp. on May 12, 2026, for CAD $5.13B (approximately USD $3.76B), with net proceeds of roughly $3.3B deployed immediately to retire commercial paper, a $1.1B PNC term loan...
